Samuel Nwite
AUTHOR: Samuel Nwite
CoreWeave slides 10% after earnings despite triple-digit revenue growth
Shares of CoreWeave fell as much as 10% in extended trading on Thursday, as investors focused on margin pressure and aggressive capital spending plans,...
IDC: AI memory crunch to drive sharpest smartphone slump in over a decade
A global race to build out artificial intelligence infrastructure is now colliding with the consumer electronics market, and smartphones are emerging as one of...
Block Slashes More Than 4,000 Jobs as Dorsey Bets on AI-Driven Learner Structure; Shares...
In one of the most aggressive workforce reductions in the fintech sector this year, Block said it will eliminate more than 4,000 roles —...
Nvidia Still Struggling to Regain China Sales Despite U.S. Export Relief, Warns of Long-Term...
Nvidia has yet to generate any revenue from its recently approved H200 AI chip sales to China, despite the U.S. government easing some export...
Nestlé Nigeria Plc returns to profit, with N105bn PAT as FX pressures ease, equity...
Nestlé Nigeria Plc has staged a sharp financial recovery in the 2025 financial year, returning to profitability after a bruising 2024 marked by heavy...